The year of 2015 has been extremely volatile for the sterling - euro currency pair exchange rates. At the start of the year, in January, one Pound was worth just over 1.27 Euros - 14 cents lower than now as we head into the last month of the year.

Currency Market News

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The Euro has weakened (become cheaper) as data today showed that Eurozone banks are still heavily reliant on ECB lending, with Spanish bond prices rising and spreading new fears about contagion of the sovereign debt crisis.

Worse than expected Chinese growth data also affected the single currency, while the Canadian and US Dollars have both strenghtened, with rates for Canadian bank transfers down half a cent during European trading today.